Business News

21 Oct 2024

Government 'planning inheritance tax increases in Budget'

According to the BBC, the government is planning inheritance tax (IHT) increases at the Autumn Budget on 30 October.

18 Oct 2024

Business groups raise concerns over potential NI rise

The UK's business groups have voiced concerns over a potential rise in employer National Insurance contributions (NICs) in the Autumn Budget.

17 Oct 2024

HMRC agree to make things easier with paper tax returns

HMRC's decision to make it easier for taxpayers to file a paper tax return has been welcomed by the Low Incomes Tax Reform Group (LITRG).

16 Oct 2024

UK inflation falls to lowest rate since 2021

UK inflation fell to 1.7% in the year to September, the lowest rate in more than three years, according to the latest figures from the Office for National Statistics (ONS).

15 Oct 2024

10,000 boost State Pension with online payments

More than 10,000 payments worth £12.5 million have been made through a new digital service to boost people's state pension, HMRC has revealed.

14 Oct 2024

Make Work Pay threatens employment and growth, warns FSB

The government's Make Work Pay Bill lacks a pro-growth element and will increase economic inactivity, the Federation of Small Businesses (FSB) has warned.

11 Oct 2024

Chancellor 'will need to increase taxes or borrowing' at Budget, says IFS

The Institute for Fiscal Studies (IFS) has warned Chancellor Rachel Reeves that she will need to increase taxes or borrowing at the Autumn Budget if she is to fulfil her commitments to increasing investment spending and funding public services.

10 Oct 2024

Budget will be 'pivotal moment' for new government

The Autumn Budget will be a 'pivotal moment' for the new Labour government as it aims for sustainable economic growth, says the Confederation of British Industry (CBI).

09 Oct 2024

Chancellor must tackle barriers to growth in Budget

Chancellor Rachel Reeves must tackle barriers to growth in the Autumn Budget, says the Federation of Small Businesses (FSB).

08 Oct 2024

'Strong case for capital gains tax reform', says IFS

The Institute for Fiscal Studies (IFS) has stated that there is a 'strong case' for reform of capital gains tax (CGT).

07 Oct 2024

UK Finance urges government to deliver economic growth in Budget submission

Trade association UK Finance has called on the government to deliver economic growth in the upcoming Autumn Budget.

04 Oct 2024

Bank of England hints interest rates could fall more quickly

The Bank of England has suggested that it could cut interest rates more quickly.

03 Oct 2024

New Growth and Skills Levy must end 'cycle of failure'

The new Growth and Skills Levy must end the 'cycle of policy failure' in addressing Britain's chronic skills shortages, according to the Resolution Foundation.

02 Oct 2024

Business confidence fell in September, data reveals

Confidence amongst UK businesses fell in September, data published by the Institute of Directors (IoD) has revealed.

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